Mar Vista Investment Partners, LLC, an investment management company, released the “Mar Vista Focus strategy” first quarter 2024 investor letter. A copy of the letter can be downloaded here. The S&P 500 index had the best first-quarter performance since 2019—enthusiasm over AI, robust corporate earnings, and anticipation of rate cuts fueling the rise in stock prices. […]
A report says activist Starboard Value has a roughly $500 million stake in software maker Autodesk, Adobe extends gains from Friday, and earnings reports are expected this week from Lennar, CarMax, Kroger, and Accenture.
It's been a pretty great week for Adobe Inc. ( NASDAQ:ADBE ) shareholders, with its shares surging 13% to US$525 in the...